For D please

Sora Industries has 64 million outstanding shares, $120 million in debt, $40 million in cash, and the following projected free cash flow for the next four years. Click the icon to view the projected free cash flows. Complete parts a through d. .... a. Suppose Sora's revenue and free cash flow are expected to grow at a 5.9% rate beyond year four. If Sora's WACC is 10.0%, what is the value of Sora stock based on this information? The stock price for this case is $ 9.32 . (Round to the nearest cent.) b. Sora's cost of goods sold was assumed to be 67% of sales. If its cost of goods sold is actually 70% of sales, how would the estimate of the stock's value change? The stock price for this case, when COGS increases, is $5.99. (Round to the nearest cent.) c. Return to the assumptions of part a, and suppose Sora can maintain its cost of goods sold at 67% of sales. However, the firm reduces its selling, general, and administrative expenses from 20% of sales to 16% of sales. What stock price would you estimate now? (Assume no other expenses, except taxes, are affected.) The stock price for this case, when selling, general, and administrative costs decrease, is $ 13.74. (Round to the nearest cent.) d. Sora's net working capital needs were estimated to be 18% of sales (its current level in year zero). If Sora can reduce this requirement to 12% of sales starting in year one, but all other assumptions remain as in part a, what stock price do you estimate for Sora? (Hint: This change will have the largest impact on Sora's free cash flow in year one.) The stock price for this case, when working capital needs are reduced, is $ (Round to the nearest cent.)